This is how the gift contract should be written

Mondo Social Updated on 2024-02-22

Gift Contracts.

With the advancement of society and the increase in legal awareness, contracts are becoming more and more important in our lives. Whether it's work, life, or business activities, contracts play an indispensable role. The gift contract, as a special form of contract, has also attracted more and more attention. Here, I have provided you with a practical gift contract template to help you better understand this legal tool. Gift Contract Party A (Donor): Address: Valid ID Number: Party B (Donee): Address: Valid ID Number: According to the provisions of the Contract Law of the People's Republic of China and relevant laws and regulations, Party A and Party B have reached the following agreement on the gift of Party A to Party B after friendly negotiation based on the principles of equality, voluntariness and fairness: Article 1 Party A will donate all the subject matter of the gift to Party B, which is specifically described as follows: [Describe the subject matter in detail here]. Article 2 The effective time of the contractThis contract shall come into force from the date of signature and seal of both parties. From the effective date of the contract, Party A shall deliver the subject matter of the gift to Party B, and Party B shall become the legal owner of the subject matter. Article 3 Time and method of delivery: Party A shall deliver the subject matter of the gift to Party B within a few days from the effective date of this contract. The mode of delivery is [describe the mode of delivery here]. If Party A fails to deliver on time, Party A shall notify Party B in advance and explain the reasons, and the delivery time may be appropriately extended with the consent of Party B. Article 4 Liability for breach of contract 1If Party A fails to deliver the subject matter of the gift to Party B within the time limit and conditions agreed in this contract, Party B has the right to require Party A to perform within a reasonable period of time, and if it fails to perform within the time limit, Party B has the right to terminate this contract. 2.If this contract cannot be performed due to Party A's intention or gross negligence, Party A shall bear the corresponding legal responsibility. 3.If this contract cannot be performed due to Party B's intention or gross negligence, Party B shall bear the corresponding legal responsibility. Article 5 Termination of the ContractThis contract shall be automatically terminated in one of the following cases: [Describe the conditions for termination of the contract here]. After the termination of this contract, the rights and obligations of both parties shall be terminated. Article 6 Dispute ResolutionIf any dispute arises between Party A and Party B during the performance of this contract, it shall first be settled through friendly negotiation; If the negotiation fails, either party has the right to file a lawsuit with the people's court with jurisdiction. Article 7 Miscellaneous Provisions1This contract shall be executed in duplicate, one copy of which shall be held by both parties and shall have the same legal effect. 2.Matters not covered in this contract may be supplemented by negotiation between Party A and Party B, and the supplementary agreement shall have the same legal effect as this contract. 3.This contract shall come into force on the date of signature and seal of both parties. Party A (Donor): Signature) Party B (Donee): Signature) Date of Signing:

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